How to buy Bitcoin with BBVA in Spain
BBVA, a prominent banking institution based in Spain, stands as a pillar of the country's financial landscape, providing a wide array of financial services to its customers. The bank has a rich heritage spanning over 160 years. Since its inception in 1857, BBVA has grown into one of the largest banks in Spain and expanded its operations globally.
One aspect of BBVA is its forward-thinking stance on technology and digital transformation, and as a result, a particular interest in the cryptocurrency space. Although the bank does not offer direct crypto-currency services, it has recognized the potential of blockchain technology and is actively exploring its use in various sectors, including supply chain management and international money transfers. In addition, BBVA is involved in initiatives and collaborations related to digital currencies to understand their impact and potential future applications.
To buy bitcoin and other cryptocurrencies with a BBVA card on the Itez.com platform, just follow the detailed step-by-step instructions that you will find below. Our service provides an opportunity to make a purchase for euros, dollars and other fiat currencies that you can choose from the menu.
Statistics show that about half of people in Spain pay for their purchases with debit or credit cards or prefer to use PayPal as their main payment method. The most popular payment systems in Spain are Visa, MasterCard and American Express, as well as electronic wallets, where Spanish users prefer to keep their savings.
Itez is an instant bitcoin purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?
First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The average time for receiving bitcoin to a client's account is a quarter of an hour. For comparison, let's take similar services Indacoin and MoonPay: when working with them, the time it takes for bitcoin to be credited to the client's electronic wallet will take for about an hour - it depends on how busy the network is. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the BTC value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final BTC value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.
In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase BTC for dollars step by step.
After converting the currency to BTC, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Verify your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your bitcoin wallet - from the “Accept” section.
Important: you should not manually copy the bitcoin wallet address. The blockchain system does not give any information about bitcoin addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the bitcoin wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
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After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.
Important: the transaction will wait for confirmations for time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take for about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to its properties and high load.
The transaction will first wait for confirmations from the blockchain network.
After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.
This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.
According to the rating table, Spain is among the ten countries in the world with the strongest banking sector. The leading banks are Santander, BBVA, CaixaBank, Bankia, Sabadell, Bankinter, Kutxabank, Banco popular, Ibercaja, Abanca and Liberbank. These banks do not prevent transactions, but they warn about the capital gains tax that virtual money holders must pay.
The key to successful cryptocurrency management is choosing a reliable and user-friendly crypto wallet. Itez Wallet can be more than just a convenient tool for storing cryptocurrencies; it can be a dependable partner in this rapidly growing domain. Designed to cater to the needs of both novices and seasoned users, this wallet blends ease of use with deep functionality.
